1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Hunter-Best [27]
2 years ago
15

The expected proceeds from accounts receivable, determined by taking accounts receivable less the allowance for doubtful account

s, is called:
Business
1 answer:
tia_tia [17]2 years ago
3 0

Answer:Realizable value

Explanation:

You might be interested in
The following merchandise transactions occurred during December for two different companies: Rippen
kondaur [170]

The accounting entries for Rippen Corporation is recorded as follows:

December 3,

DR Accounts Receivable (Burnen Corp.) $480,000

CR Sales $480,000

DR Cost of Goods Sold $320,000
CR Inventory $320,000

December 8,

DR Sales Return $30,000

CR Accounts Receivable $30,000

DR Inventory $20,000

CR Cost of Goods Sold $20,000

December 12,

DR Cash $441,000

DR Credit Discount $9,000

CR Accounts Receivable $450,000

<h3>What is Journal Entry?</h3>

A journal entry is recorded for the transactions of a company in the relevant period, the entry that is recorded is also known as the double entry. These journal entries are then used to prepare T-Accounts, an then trial balance is made and ultimately income statement and balance sheet are made.

The transaction includes a discount of 2% as credit discount for the payment being made within 10 days.

Learn more about Journal Entries at brainly.com/question/27076717

#SPJ1

5 0
1 year ago
Mervon Company has two operating departments: Mixing and Bottling. Mixing has 350 employees and Bottling has 350 employees. Indi
krok68 [10]

Answer:

Allocated administrative cost for mixing is $81000

And allocated administrative cost for for bottling is $81000

Explanation:

We have given total number of employs for mixing = 350

And total number of employs for bottling = 350

Administrative cost = $162000

So total number of employs = 350+350 = 700

So allocation base for mixing =\frac{350}{700}=0.5

So allocated amount for mixing = 0.5×$162000 = $81000

Allocation base for bottling = =\frac{350}{700}=0.5

So allocated amount for bottling = 0.5×$162000 = $81000

3 0
3 years ago
What is the primary purpose of most television commercials?
seraphim [82]

option C to persuade, just took the test

3 0
2 years ago
Read 2 more answers
Liability of foreignness is the inherent disadvantage experienced by foreign firms in host countries because of their non-native
gizmo_the_mogwai [7]

Answer:

True

Explanation:

It is an inherent disadvantage that foreign firms experience in the host country because of non-native status. It is considered as liability of foreignness as foreign companies are well versed with the cultural difference, tax policies and people´s response to the product and services produced, therefore foreign companies need to invest resources to learn the technique of business in different country.

To have competitive advantage in the foreign market, the companies should have organized resources, cost to compete and capabilities to offset the liability of foreignness.

8 0
3 years ago
Which of the following is an example of a good with elastic supply in the short run?
garri49 [273]

Answer:

my be plastic wrep

Explanation:

because it seems to be elastic and its holds on very well

4 0
3 years ago
Other questions:
  • “You’ve been specially selected to win our grand prize. Contact us to collect it!” This is probably a(n) _____.
    8·2 answers
  • What single characteristic do you think most clearly describes the modern revolution, that is, the coming of modernity? explain
    8·2 answers
  • Workplace surveys suggest that satisfied employees are becoming _____. more uncommon more widespread less expensive less product
    12·1 answer
  • Aaron has designed innovative accessories for hard-core bicycling enthusiasts.He knows where and how he will make them,and he ne
    8·1 answer
  • Holten Farm sells new tractors and pays each salesperson a commission of $1,000 for each tractor sold. During the month of Augus
    8·1 answer
  • In its most recent financial statements, Del-Castillo Inc. reported $65 million of net income and $950 million of retained earni
    7·1 answer
  • A company has the following transactions during the year related to stockholders’ equity.
    15·1 answer
  • Jules has incorporated a business, The Spree Chocolatier. It has facilities in five major cities in California, Arizona, and Was
    11·1 answer
  • The study of behavior in situations of interdependence is known as
    9·1 answer
  • Red Co. uses the product cost concept of applying the cost-plus approach to product pricing. Below is cost information for the p
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!